Regulation is frequently viewed as a two-party relationship between a regulator (R) and the targets of its regulation (T). This volume conceives of regulation as a three-party system, in which diverse intermediaries (I) provide assistance to regulators and/or targets, drawing on their own capabilities, authority and legitimacy. Our framework paper for the volume, Theorizing regulatory intermediaries: The RIT model, sets out a general theoretical model for analyzing the roles and implications of regulatory intermediaries in diverse settings.
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Abbott et al. (2017) studied this question.
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